gsci

For years there has been a debate in the long-only commodity investing world regarding the benefits of roll yield and the cost of contango. Turns out these benefits aren’t real.
Investors are dumping gold-backed exchange-traded products at the fastest pace since the securities were created a decade ago.
Speculators lowered bullish wagers on commodities for the third straight week, the longest streak since April, as prices erased this year’s gain.